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Macro & Microeconomics Assignment

Views of Adam Smith Concerning Economics and Morality
The author of the paper states that in the modern world the term “Invisible hand” is taken to imply a general thing. Through the process of the invisible hand, an outcome occurs in a way that is decentralized and where there is no prior agreement of the parties involved. Also, this process is not premeditated and therefore, does not happen intentionally.
Pages: 11 (2750 words), Assignment
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Lack of Arbitration Policy in Macroeconomics
Policy 2 is not as workable because it is unable to maintain the real interest at the necessary level of 3 per cent showing the choosing policy 1 in this specific case as the policy is a forgone conclusion. The basic definition of the aggregate expenditure curve is that it is the aggregate demand for goods and services.
Pages: 16 (4000 words), Assignment
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Employment Shift from Manufacturing Industry to the Services Industry
The tertiary sector or the service sector output has been growing since 1964. The sector remained nearly immune even during the recessionary phase when only two of the subsectors were affected by the recessionary effects. This growth was particularly visible in the financial services, communication, and real estate.  
Pages: 10 (2500 words), Assignment
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Civilization and Capitalism
The European population model and structure before the demographic transition was based on human population and age as well as lifestyles that were directly affected into the movement of a developing country.  The population during this time was the first noted difference.
Pages: 6 (1500 words), Assignment
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Economics - The Macroeconomic Business Environment to Assess the Possible Impacts on the UK of Holding the Olympic Games
China experiences criticisms regarding the investment climate of the country. The Chinese recovery from the financial crisis is a joint product of the high level of government spending and the huge supply of loans. Both for the USA and the European countries, the pegged value of Yuan is a continuous headache as it leaves both parts of the globe.  
Pages: 12 (3000 words), Assignment
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The Importance of Commercial Banks in Economics
Central banks issue and cancel currency (legal tender). They are the only banks with a legal mandate to create and issue currencies inform of notes and coins. Central banks are responsible for regulating the quantity of all notes and coins issued. They also protect the internal and external value of the national currency (Backhaus, 2005). 
Pages: 17 (4250 words), Assignment
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Micro Economic Principles
In this example, both U. and India are gaining from this arrangement. The price of food post trade will be between 1.50 and the price for clothing will be between 0. This proves that trade will be beneficial for both the countries.The equilibrium in (a) is not optimal because in case of negative externalities, marginal social cost > marginal private cost. The diagram above shows that for a profit maximizing producer, for a given cost, the profit maximizing output is Q’ which is greater than
Pages: 6 (1500 words), Assignment
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An Economic Concern In A South American Country
Lastly, Brazil is touted as the world’s largest producer of coffee, sugarcane, tropical fruits and orange juice, and has the largest cattle herd in the world (EconomyWatch Content, 2010). Other agricultural products are soybeans, tobacco, cocoa, corn, cotton and forest products. Agriculture contributes 6.1 percent of GDP and employs 20 percent of the labor force (EconomyWatch Content, 2010).Brazil’s growing economy has created a total of 14 million jobs since 2003 (EconomyWatch Content,
Pages: 5 (1250 words), Assignment
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Business in Asia - China, South Korea, Hong Kong And Singapores Economic Development
The economic growth of Hong Kong has been driven by their citizens urge to acquire knowledge. The government of Singapore has lagged behind because of relying on the accumulation of these production materials as their main force of economic growth in the long run periods. Singapore is a victim of their own politicians making.
Pages: 14 (3500 words), Assignment
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Country Abalysis Report
Economic integration and in January 1999 in Germany and 10 other EU countries introduced a common currency of the European Monetary System, the euro.In early 2007, the regional and international relations took center stage politics and the German government. First, Germany has played a leading role in a "roadmap", which aims to revive the ratification process of the European Union (EU) of the Constitution. This is why Germany has proposed that the Constitution is largely in its current form,
Pages: 5 (1250 words), Assignment
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Under the perfect market assumption of MM, there is no major role for banks. In recent years, it is suggested that financial innovations and deregulation have propelled the financial market toward perfection. Hence, some observers predict that banks would
In case necessary measures are not instituted to embrace innovation in order to capture newer grounds, the banks will lose out. Brigham and Ehrhardt (2010, p. 565) indicate that in the near future, customers will realize that they do not need banks but they need banking services. This will be a dangerous scenario for banks, as they will be at the verge of becoming extinct just like dinosaurs3.In addressing this problem, the banks need to have a new outlook. Investing in innovation will be
Pages: 10 (2500 words), Assignment
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Economies of Asia
To the advanced stages they would have to increase their investment rates, develop manufacturing sectors with high growth rates, and develop a social and political framework that will make sure that new modern sectors are expanded (Contreras).The Neo-Marxist Approach has the main assertion, that developed countries always exploit the developing ones. This is backed by the fact that developed countries get primary products from developing countries and sell the finished products back to
Pages: 4 (1000 words), Assignment
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Acheson and the lobster fiefs (or Cinner and customary marine tenure in the Indo-Pacific)
Using a sample of 21 isolated villages in this area, Cinner sought to identify how the community manages the use of the marine resources that they call their own and how this is affected by the socioeconomic factors of a particular community. He explores the localized community control of marine resources commonly known as customary marine tenure and the application and implementation of this in the selected communities.Customary Marine Tenure are the traditionally used methods of resource
Pages: 4 (1000 words), Assignment
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Demand Estimation
From the table above it is clear that as price increases from 100 to 200 the quantity demanded also changes from 44,850 to 40,650. Therefore as the price of goods increase the demand decreases and also as the price decreases the quantity demanded increase as shown in the graph below.At equilibrium both the quantities of goods demanded are equal to the quantities supplied. Equilibrium price is the price of commodities when both the demand and supply are equal. Similarly the equilibrium quantity
Pages: 4 (1000 words), Assignment
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Short answer ( MACRO ECONOMICS )
Appreciation of Colombian pesos decreases the value of exchange rate between Pesos and U. It generally means that increase in the value of pesos decreases the price of exchanging pesos to dollars. In other words, U.S dollars depreciate as Pesos appreciate holding other factors constant.Justified by the information provided, it is not clear whether the budget deficit is structural or cyclical. In this perspective, the budget deficit can be structural since structural budget deficit is
Pages: 5 (1250 words), Assignment
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Economics assignment
A monopolistic market might quote very high prices because of nonexistence of other competitors. The monopolistic sellers will make use of their status of dominance in the market and maximize their profits. Oligopolistic markets, on the other hand, ensure competition in the market hence fairer prices for the consumers (Spanjers 1994).These are regulations that are put into place to prevent entrance of firms into the market. Barriers to entry into the market enable control of the market by
Pages: 4 (1000 words), Assignment
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A.How should be the structure of the suggested Central Bank for GCC B.How might this bank be similar or different from the European Central Bank C.What are the arguments for and against the GCC central bank
Though a public authority, the ECB operates similar to a corporation in its management and operation (Scheller, 2006). The GCC countries also have decided to form a similar organization of the countries in the Galf Arab states. The Gulf corporation council comprises of six member states; Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates, The countries are united by the common factor of the situated along the Persian gulf and they share a common language. Furthermore, the
Pages: 8 (2000 words), Assignment
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Free Trade
Government interventions in some different industries in the production of external economies without ever having any effects on the other countries negatively (Krugman, 1987). An example is the research made by the US government to boost the mobile phone industry that will end up benefiting China, but with the profits going to the US government mostly. Consequently, the strategic trade policy and the externality arguments try to explain and promote the creation of free trade as it brings many
Pages: 4 (1000 words), Assignment
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The Federal Reserve
The margin requirements are set by Fed for purchasing of securities in private transactions. The main reason for fixing the margin requirements is to determine the amount of purchase that can be made on credit. The Fed regulates the state and the foreign banks. It establishes certain specific rules and guidelines in the areas of capital adequacy that can be applied to the banks. It is also responsible for regulating the wholesale and retail payment system for maintaining soundness and safety
Pages: 8 (2000 words), Assignment
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Reasons for Falling of Students Proficiency Rates and the Resource Depletion in the Computation of Great Domestic Product
In my opinion, forest resources are to be considered as capital. Trees in the forest provide a lot of benefits, especially in the environment. And I recognize the fact that it is very important to keep a growing forest. However, prior to being cut down, trees cannot be considered as a product. Before that, there is still no commercial gain.
Pages: 4 (1000 words), Assignment
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